XRP's Institutional Demand Fails to Clear Price Hurdles

XRP has seen significant institutional demand in recent months, with US spot XRP ETFs attracting about $307.9 million in Q3 and cumulative inflows climbing close to $1.8 billion.

This is a testament to the strength of the token's appeal, but despite this, XRP has struggled to reclaim its late-August peak near $1.70.

The token has gained more than 45% across Q3 and is currently trading around $1.50, but it remains unclear whether buyers can overwhelm sellers and push the price higher.

New fund buyers are accumulating XRP while another cohort sells into the same rallies, with no clear evidence of who sits on the other side of those ETF purchases.